$GLD and $SLV Prices as of June 1 2020 @moneymetals
9:27 AM
June 1, 2020 – Gold and silver prices moved higher last week with silver leading the way as the U.S. dollar weakened considerably.
Plenty of investors are worried about whether the rally in stock prices can be sustained. Others see the Fed doing whatever it takes to keep equity prices rising.
Silver in particular may be rising on the assumption that the days of low price inflation are numbered.
The rioting and looting in over a dozen major U.S. cities is more fuel for investors who already had lots of reasons to seek safe haven. Precious metals prices moved higher when markets opened in Asia Sunday evening and look strong this morning.
The gold / silver ratio has finally dropped back below 100. Silver bugs have been waiting for silver to start catching up to gold. Silver’s recent outperformance should remove doubts about whether the rally in metals can be sustained.
Check out live precious metals prices here: https://goo.gl/gy5XMA
Plenty of investors are worried about whether the rally in stock prices can be sustained. Others see the Fed doing whatever it takes to keep equity prices rising.
Silver in particular may be rising on the assumption that the days of low price inflation are numbered.
The rioting and looting in over a dozen major U.S. cities is more fuel for investors who already had lots of reasons to seek safe haven. Precious metals prices moved higher when markets opened in Asia Sunday evening and look strong this morning.
The gold / silver ratio has finally dropped back below 100. Silver bugs have been waiting for silver to start catching up to gold. Silver’s recent outperformance should remove doubts about whether the rally in metals can be sustained.
Check out live precious metals prices here: https://goo.gl/gy5XMA
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